Santa Ana, California - United States •
Asking Price
$399,000

Transportation and Warehousing: Air Transportation: Flight Schools

Description

Able to Issue i20 visa's upon approval of new owner by Homeland Security.

Company is a Single Member Montana Limited Liability Corporation

No loans outstanding on any assets.

We just acquired the 2nd office location to house the simulator and also just purchased the 2nd single engine aircraft. Our P&L is with 1 aircraft (single engine) for the last year. 1 Month of our P&L includes the addition of the twin engine aircraft as we just brought it online in July. Basically with 1 office and 1 plane we did 137k Net in our first year.

Seller is willing to finance with 50% down and will stay on for 90 days to assist in transition. seller is also open should buyer wish seller to stay on as a manager on a salary basis.

Item's Included with sale

FAA Part 141 Air Agency Certificate 200k Value

Flight School inventory (books supplies) and Equipment 20K

City of Newport Beach Business License Just Renewed 09/30/2016

2 Office Leaseholds (Electricity Payment included in rent!) @$1650/Mo Rent for both on 1yr lease remaining. (Very Cheap for area)

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